PM Modi launches BHIM app, says your thumb is your bank now

NEW DELHI: Prime Minister Narendra Modi on Friday launched a mobile app BHIM to make digital payments easier at Digi-Dhan Mela here. He also thanked people for embracing digital transactions. Highlights of Narendra Modi's speech:

• Look at the newspapers 3 years ago, the news was about what is lost (in scams), today it is about what has come back or what is the gain: PM
• India has united to defeat ills in the economy despite inconveniences: PM
• In two weeks, payment through use of biometric finger print will start in India
• For those with a positive mindset, India has several opportunities: PM
• Mantra of Dr. Ambedkar was to work for the upliftment of the poor. And the biggest power of technology is that it can empower the poor: PM
• Furthering digital connectivity would do wonders for our nation: PM
• The BHIM App is very simple to use
• Dr. Ambedkar's thesis offers significant insights of various economic issues: PM
• Launch of the BHIM App is significant. In addition to his role in making of the Constitution, Dr. Ambedkar was also a great economist
• The mega draw will take place on 14th April, the birth anniversary of Dr. Babasaheb Ambedkar: PM
• Over the 100 day period, several families will be given the prizes: PM
• These two initiatives, the Lucky Grahak Yojana and DigiDhan Vyapar Yojana are a Christmas gift to the nation: PM

Prime Minister Modi will address the nation on Saturday, in which he is expected to spell out the roadmap ahead after the expiry of the 50-day period for depositing of demonetised notes today. This will be his second address to the nation since his announcement in a similar address on November 8 to scrap Rs 1000 and Rs 500 notes. While announcing the landmark decision, he had asked the people to give 50 days for rolling it out. Against this backdrop, the Prime Minister may speak about the roadmap ahead, especially on the steps to ease the cash flow that has been a major problem ever since demonetisation took place.